Eliminating Back Taxes
After a mortgage, the largest debts many people owe are for back taxes. In some cases, it is possible to eliminate IRS debts through a bankruptcy filing.
At The Law Offices of Philip F. Counce, we have helped many people get debt relief using the bankruptcy laws. In a few short months, you could be on your way to getting your finances back on track.
The Law Offices of Philip F. Counce
Call (901) 201-6012 or send us an e-mail to arrange for a confidential consultation.
Lifting Your Tax Debts
To the surprise of many people, the IRS and the bankruptcy laws are lenient with people who owe back taxes. We can deal with the IRS and take care of all the details for you. In some situations, it is possible to completely eliminate tax debts under Chapter 7 bankruptcy.
In order to eliminate the IRS debts they must be 3 or more years old from the due date of the return. For example, if you file for Chapter 7 bankruptcy in 2008 you can probably eliminate federal income taxes owed for years 2004 and before. There are a number of other qualifications you must meet to eliminate IRS debts, but Attorney Philip Counce is happy to discuss your options with you. In Chapter 13 bankruptcy you can pay your back taxes over a period of up to sixty months and ordinarily without further interest and penalty.
For one competitive fee, we can help you file for bankruptcy and you could be on your way to getting your finances back on track. We can even remove an existing tax lien against you.
Timing Is Important
You need to consider the tax aspects of your situation before you file for bankruptcy. Because of the three-year window, the timing of your case filing is critical. Filing even a few days too early can make a huge difference in your tax relief.
Philip Counce can examine your situation and recommend the solution that works best for you.
Will Bankruptcy Help?
Ask Philip Counce. It could be the right solution for you.
For a confidential consultation with Lawyer Philip F. Counce, call (901) 201-6012 or send us an e-mail.
We are a Title 11 Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code. This ad does not create an attorney-client relationship until a written agreement is signed.
